Why Bitcoin Mining is not profitable anymore

December 13, 2018

This article was written by Mathieu Stalder, a Financial Analyst at I Know First.

“The four most dangerous words in investing are: This time it’s different”.
Sir John Templeton

Novogratz With A Stark Warning
What The World’s Central Banks Are Saying About Bitcoin
The Cost Of Bitcoin Mining
I Know First Algorithm Forecast On Bitcoin

Novogratz With A Stark Warning

Bitcoin is down more than 80% from its all-time high, having plummeted since the beginning of the year. Now Bitcoin is falling even further and former Goldman Sachs partner and founder of cryptocurrency merchant bank Galaxy Digital Holdings Mike Novogratz has a stark warning for the bitcoin. In an interview Novogratz stated: “Revolutions don’t happen overnight, while I believe in the underlying technology

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5 Most Lucrative Israeli Fintech Firms

July 12, 2018

This article was written by Kwon Sok Oh, a Financial Analyst at I Know First.

Summary

Structure of the Israeli Fintech Startup Environment
Strengths of the Israeli Fintech Startup Environment
Top 5 Israeli Fintech Startups

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AMD Stock Outlook: Why Bitmain’s ASIC Miner Are Not A Threat To AMD

March 29, 2018

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

Ignore the rumor that China-based Bitmain’s ASIC Ether miners will affect GPU sales of AMD and Nvidia.
Bitmain now controls 50% of Bitcoin hash rate. It operates the two largest mining pools for Bitcoin.
The developers and current miners of ASIC-resistant Ether and Monero blockchain certainly do not want Bitmain to again get 50% or more of their cryptocurrency’s hash rate.
The core developers of GPU-based cryptocurrencies will likely continuously update their blockchain algorithm to disable highly-efficient ASIC hardware miners.
Consequently, Ethereum and Monero miners will remain dependent on Radeon and GeForce video cards.

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NVDA Stock Prediction: Why Nvidia Lost Market Share In Discrete GPUs Last Q4 2017

February 28, 2018

NVDA Stock Prediction

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

Jon Peddie Research has published its Q4 2017 add-in graphics cards report.
Nvidia’s market share declined to 66.3% from the 70.5% share it had in Q4 2016. It was also notably lower than Q3 2017’s 72.8%.
This is likely due to cryptocurrency miners pushing the average selling prices of Nvidia’s GPUs so high that many gamers switched to more affordable AMD Radeon GPUs.
Nvidia itself suggested last January that retailers should put gamers over cryptocurrency miners.
In spite losing GPU market share to AMD, NVDA is still a Buy.